6. Oral Roberts Dental Supplies has annual sales of $5,200,000. Ninety percent are on credit. The firm has $559,000 in accounts receivable. Compute the value of the average collection period. Avel peri (LO pandable cha lis pe s. Darla's Cosmetics has annual credit sales of $1,440,000 and an average collec- tion period of 45 days in 2008. Assume a 360-day year. What is the company's average accounts receivable balance? Accounts receivable are equal to the average daily credit sales times the average collection Acco bala (LO period